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'Connecting India's largest nuclear reactor to power grid will help reduce emissions'


Connecting India s largest nuclear reactor to power grid will help reduce emissions
India is counting on its nuclear program to help meet its Paris climate commitments.
(Reuters)Premium
. Updated: 19 Jan 2021, 02:01 PM IST Bloomberg
The 700-megawatt pressurized heavy water reactor of the Kakrapar Atomic Power Station, located in the western state of Gujarat
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India’s success in connecting its largest domestically-built nuclear reactor to the grid is a boost for plans to deploy the technology to help the world’s third-biggest polluter limit emissions, according to the official overseeing the plans.
The 700-megawatt pressurized heavy water reactor of the Kakrapar Atomic Power Station, located in the western state of Gujarat, is the first of 16 planned units that will help balance the grid against growing intermittent renewable generation, according to K.N. Vyas, India’s atomic energy secretary. ....

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Adani Green Total Deal news: Gautam Adani Sells Stakes To Overseas Partner In Mukesh Ambani-Style Deal


Gautam Adani Latest To Sell Stake To Overseas Partner After Mukesh Ambani
Total will acquire 20% of Adani Green Energy and a board seat as well as a 50% stake in a portfolio of operating solar assets with 2.35 gigawatts capacity
Updated: January 19, 2021 10:29 am IST
Billionaire Gautam Adani is raising $2.5 billion from a deal that includes the sale of a minority stake in his renewables business to French energy giant Total SE, a transaction that may help the tycoon cut group debt.
Paris-based Total will acquire 20% of Adani Green Energy Ltd. and a board seat as well as a 50% stake in a portfolio of operating solar assets with 2.35 gigawatts capacity, the company said Monday in a statement, confirming an earlier report by Bloomberg News. But shares of Adani Green have more than quadrupled in value in the past year in Mumbai, giving the company a market value of about $20 billion. ....

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